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Cool Like That β€’ 419d
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Albion Thaqi β€’ 419d
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Livia Milano β€’ 415d
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I spoke about payment methods the other day and when we talk about FinTech you think that they are everywhere They're able to bring out Financial technology everywhere you are because we're so used to and we're so spoiled being able to use our cars our phones Laptops to pay for everything, but I am now finding myself in a small village in Greece vacating and honestly It is all of a sudden very difficult now. I'm very curious. Have you had any trouble being able to do anything that's not cash and even more than that I'm curious to see have you got any opinion and whether or not that is sustainable so when you're talking about small villages around the world small towns anything where cash is still king do you think this is sustainable or do Do you think that they are in for a hard awakening? Do let me know.
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I don't think cash is king in terms of the physical cash, but I do think in order to keep things balanced in favor of the people, we better utilize some physical gas.
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Yeah great point I think when it comes to tourism in particular this is where cash feels quite significantly there's too many incentives to actually not even you know take out cash from my bank doesn't charge me ridiculous exchange fees and I don't have any charges
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Yeah part two so in my bank doesn't charge me to take out cash in a foreign country either and I'll pay the exact rate that's online so yeah and it just doesn't seem sensible to me if there's no facility to take out
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Funny enough when I went to Greece I went across a levels of a long time ago now this was in Greece was in its economic crisis there was no ATMs so yeah in that situation Cash was most definitely not King
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Yeah, that's interesting. And I have heard, obviously I came to Greece at the sort of back end of COVID and I have heard that before that it was a lot different, very difficult. Now at least they've started getting some facilities over here.
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I personally don't see how physical cash could be phased out completely I'm in terms of value exchange in remote areas especially it's the only way to really do that but I can see a lot of large cities with no way
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I'm in a small village too but they take credit cards for everything I mean I've even use the credit card for some thing as small as five dollars I just don't like to have cash
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